So if I'm understanding you correctly, you aren't really suppose to do a 1031 on short term projects, but I may be able to make a case for it because it wasn't my intention?

http://law.scu.edu/site/gary-neustadter/contracts-2012-13/main/cases/SaewitzUnilateral.htmlAn installment sale or note is a bilateral contract, you can NOT assign the obligation of one party to finance and place another party in place of the other party without consent.

I have only been an agent for a few months now and my main focus is on Multi-Family properties (only agent in the office in Multi-Family).

As Dale mentioned, what works for me may not work for you, or in your area etc...I only focus on direct mail for sellers, and mainly internet marketing for buyers, that with our website and newsletter etc.

I still own that multi unit (years later) and it's very profitable to this day ( and have no intention of selling it any time soon).

The two main strategies I will use are wholesaling & lease options/options.

This is kind of discouraging because mainly everyone I have ran the deal by said it was a pretty good DEAL.

It sounds like there are 4 heirs.I would prepare a letter of intent and send it each of the 4 heirs to see if they are interested in selling the property.

Certain areas around the country are going up in value very fast.Many investors are doing a speculation play.There are two main emotions that drive a bunch of people."

It is likely the last time I use it.I like that in the application phase a prospective tenant doesn't have to give me all their highly sensitive data (social security number mainly), I can just get the non-sensitive other information on an application.